Algorithms are extremely clever at accurately processing huge quantities of information. But a recent problem with a bank loan is a disturbing look behind the curtain. Last week I applied for a ...

Deutsche Bank’s Autobahn® Equity business, within its Global Markets division, announced today the global availability of an algorithm based on Deutsche Bank’s proprietary “Stealth” strategy, which ...

A program spearheaded by the World Bank that uses algorithmic decision-making to means-test poverty relief money is failing the very people it’s intended to protect, according to a new report by Human ...

The nation’s second-largest lender said it would be the first bank to integrate sophisticated fraud detection systems with its digital payment platforms to help customers identify potential scams ...

Governments worldwide are turning to automation to help them deliver essential public services, such as food, housing, and cash assistance. But some forms of automation are excluding people from ...

Indian financial institutions must guard against relying on algorithms and artificial intelligence to assess customers for loans, central bank Governor Shaktikanta Das said. Model based, algorithm ...

The move comes amid increasing demand, particularly among corporate and real-money customers, for this alternative order execution method. Banks say there has recently been a pick-up in demand from ...

With over 20 million in circulation, every Hong Kong adult has more than four credit cards on average. Market growth has decelerated for seven straight years, falling to 1.1 % — a sixth of what it was ...